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Dec 3, 2012
12/12
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FOXNEWSW
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now we are about to make the same mistakes with respect to the clean up of sandy that we made when we wasted tens of millions with katrina. i am radical on this. my feeling is if we are going to help the victims, give the money to the victims. or to the salvation army or the red cross or the kinds of institutions we know are providing the real help. do not give it to the politics and the state. that is a middle class taking away 10 percent or 20 percent of the money. >>neil: who gave charlie for the money, i an herery of charlie, in had case, sam, uncle sam. how close to the $42 billion will the governor get or a comparable sum that the governors of new jersey and connecticut are looking at? >>guest: they will get almost all of it. when does congress say know to any of the people? our hearts bleed for the people who lost their homes to the terrible storm so you have the victims, they will put them on tv and say you got to give us the hundred and that brings me to a second point. if we are going to give, it will probably be well over $50 billion, why not have a policy when we have a cr
now we are about to make the same mistakes with respect to the clean up of sandy that we made when we wasted tens of millions with katrina. i am radical on this. my feeling is if we are going to help the victims, give the money to the victims. or to the salvation army or the red cross or the kinds of institutions we know are providing the real help. do not give it to the politics and the state. that is a middle class taking away 10 percent or 20 percent of the money. >>neil: who gave...
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Dec 6, 2012
12/12
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FOXNEWS
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forget about sandy, 370,000 is a high number. here we are raising taxes on everybody who worked by $120 billion. maybe we'll also raise taxes on richer people, wealthier people. raise the tax on dividends and interest and capital gains. that amount to a big tax increase in a weak economy. should we be doing that? >> what we are told is all across the board this is what has to happen. we need revenues brought into the federal government. a lot of people unhappy with that model. but that what's they are arguing. >> reporter: that's what they are arguing. but the president wants higher tax rates on the rich web's standing firm on that. the republicans are not going to say caved but they agreed to $800 billion in extra tax revenues over 10 years. so yes a tax increase is coming in one form or another. and you add that to the payroll tax increase and you have got a big tax increase coming count pike in a weak economy. martha: it will hurt across the board from the top to the bottom. everybody's financial picture will look different in
forget about sandy, 370,000 is a high number. here we are raising taxes on everybody who worked by $120 billion. maybe we'll also raise taxes on richer people, wealthier people. raise the tax on dividends and interest and capital gains. that amount to a big tax increase in a weak economy. should we be doing that? >> what we are told is all across the board this is what has to happen. we need revenues brought into the federal government. a lot of people unhappy with that model. but that...
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Dec 10, 2012
12/12
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KTVU
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eye 138
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superstorm sandy. would bring it down by about 80,000. on the other side of the equation, you actually had an early thanksgiving, which could have added some jobs as employers pulled forward their normal seasonal hiring. so the 146, or 147, is about the same as- > 147,000 jobs created. > > right. is about the same as what has been created over the last two years. in 2011 the number was about 150,000 on average. in 2012, 150,000 on average. > it's also based on - at least the unemployment rate of 7.7% - it went down a little bit - based on the fact that there were fewer people looking for work, not more people finding work. > > sure. at the end of the day, i think there are really two things, and i harp on these each and every time i come on the show, that are kind of driving unemployment in this country. one, i think there's a structural problem. i don't think the fed is going to be able to have people create more jobs, because there is a problem with a mismatch of skills. there are two articles in friday's wall street journal that kind o
superstorm sandy. would bring it down by about 80,000. on the other side of the equation, you actually had an early thanksgiving, which could have added some jobs as employers pulled forward their normal seasonal hiring. so the 146, or 147, is about the same as- > 147,000 jobs created. > > right. is about the same as what has been created over the last two years. in 2011 the number was about 150,000 on average. in 2012, 150,000 on average. > it's also based on - at least the...
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what are they celebrating, remember that they have not fallen to level that prevailed before hurricane sandy. what is more, there are few if any indications they will get that that neck of the woods any time soon. big layoffs at citigroup, what is that 11,000? lingering fallout from thousands of jobs lost at hostess. all i'm saying is, when you look at this news, and it still interpreted as good, only make me thing, that mainstream media is still pushing for the president or democrats. well, the guy got reelected. you don't have to pretend any more, it upsets me, tye young, what do you make of this. >> neil thank you, we have wall street laying people off, main street laying people off, market flat lining up and down one week to the next. just like it was before it crashed in 2008, unemployment number 7 .9% that is very high, real unemployment maybe is almost 17%, and the washington post tells us that ignore it because of hurricane sandy, that is ridiculous. my clients are business owners, they tell me that the cost of living and cost of doing business is going up, the availability of busine
what are they celebrating, remember that they have not fallen to level that prevailed before hurricane sandy. what is more, there are few if any indications they will get that that neck of the woods any time soon. big layoffs at citigroup, what is that 11,000? lingering fallout from thousands of jobs lost at hostess. all i'm saying is, when you look at this news, and it still interpreted as good, only make me thing, that mainstream media is still pushing for the president or democrats. well,...
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Dec 7, 2012
12/12
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CNBC
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eye 175
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hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6 to a mere 0.4%. it's warned of an imminent recession as problems in europe periphery weigh. futures at the moment forecasts a soft start. down 15 at the moment on the dow, nasdaq currently called down 3.8, and s&p 500 around 1.5 points. european stocks are flat really. forgave points for the ftse, xetra dax is up though at it highest level since 2008. up nearly 28% this year. flat on the cac, ibex down two thirds. but hurricane sandy is expected to have put a pretty big accident in the november u.s. jobs report. it's out at 8:30 eastern. nonfarm p
hurricane sandy, though, still making waves. analysts expect the super storm to dent unemployment figures out later today. we'll review that report when we come back. >>> here are the headlines. u.s. job growth is expected to have slowed significantly in november as hurricane sandy battered the economy. japanese authorities have lifted all tsunami warnings after a 7.3 magnitude quake struck off the northeastern coast. and bundesbank has sharply lowered germany's growth outlook from 1.6...
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Dec 8, 2012
12/12
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CNBC
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and all this despite the effects of hurricane sandy. who knows how high we could have been if it weren't for that darn hurricane? yet the market barely blinked. yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. hence the mixed performance of the averages today. sure, dow gained 81 points, but the s&p barely budged, edging up 29%. and the nasdaq actually declined .38%, led once again by the slip sliding away apple, which you know i like, but how many times during a particular show can i say i like it? so with that in mind, what's the game plan for next week? first off, perhaps the most important day of the week is monday. but not for any earnings. not for any releases. that's when we process the results of the weekend talk shows, which you now have to watch as if we were instead of watching, you know, college gameday, i'm watching like some of those other news stations -- and then of course sunday morning whoever -- you don't even pay attention -- football means nothing no
and all this despite the effects of hurricane sandy. who knows how high we could have been if it weren't for that darn hurricane? yet the market barely blinked. yet the potential layoffs if we go over the cliff make these rearview numbers seem almost irrelevant to the market. hence the mixed performance of the averages today. sure, dow gained 81 points, but the s&p barely budged, edging up 29%. and the nasdaq actually declined .38%, led once again by the slip sliding away apple, which you...
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fire for reselling tickets to the sold out 12-12-12 concert benefiting those affected by hurricane sandy. so stub hub is reselling tickets. the roling stones, alicia keys and other top bands are slated to play. proceeds will benefit the robin hood foundation. some people are upset scalpers ra raising prices to make a buck. stub hub says it will donate 100% of service fees and commissions for this event to the robin hood relief fund and goes on to say sellers listing tickets have the option to donate their proceeds to the fund among other charities. >> also backlash from the new york city marathon which organizers canceled because of sandy. when the race was called off in november, organizers had guaranteed runners a spot in next year's race. however, a message posted on the marathon's facebook page says, this year's race does not -- does count on the point system, which will help runners clinch a slot in 2013. there's also no mention of a guarantee this time. >> uh-oh. >>> we're dealing with gloomy conditions in our region. >> let's take you live right now, you want to be careful on the
fire for reselling tickets to the sold out 12-12-12 concert benefiting those affected by hurricane sandy. so stub hub is reselling tickets. the roling stones, alicia keys and other top bands are slated to play. proceeds will benefit the robin hood foundation. some people are upset scalpers ra raising prices to make a buck. stub hub says it will donate 100% of service fees and commissions for this event to the robin hood relief fund and goes on to say sellers listing tickets have the option to...
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from his state some republicans say he is grandstanding christy has gone on the record saying that sandy's victims are its first concern, not politics kate middleton has been released from the hospital in london apparently feeling much better the duchess spend three days in that hospital for treatment over to morning sickness she is expected to stay at kensington palace for some rest. the due date hasn't been announced but she is not yet 12 weeks pregnant the first day in the nation to legalize marijuana for recreational use washington state. under the state law now anyone over 21 years of age is allowed to carry up to 1 oz, pot use and possession under anyone 21 is still a violation. the justice department is reviewing the law because federal law still prohibits death. the federal government can come in just end this but i hope obama if you are listening right now if you have compassion for everybody out here. coming up in the medical watch tackling a growing problem increasing injuries how to make sure your charitable donation is going to a worthy cause. cheerleaders injuries are skyrock
from his state some republicans say he is grandstanding christy has gone on the record saying that sandy's victims are its first concern, not politics kate middleton has been released from the hospital in london apparently feeling much better the duchess spend three days in that hospital for treatment over to morning sickness she is expected to stay at kensington palace for some rest. the due date hasn't been announced but she is not yet 12 weeks pregnant the first day in the nation to legalize...
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Dec 4, 2012
12/12
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KQEH
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eye 148
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. >> susie: american automakers got a bump up in sales in november, thanks to super storm sandy. consumers postponed purchases when the hurricane hit in october, and resumed buying last month. but as diane eastabrook reports, the looming fiscal cliff could cause that sales momentum to lose traction. >> reporter: november turned out to be a good month for the big three and a great month for their foreign competitors. g.m. and ford both saw a modest uptick in vehicle sales last month-- while chrysler got a double digit boost. but competitors from europe and japan blew the domestics doors off. sales at v.w. were up just under 30%. while honda led the japanese pack with a sales increase of just under 40%. the car companies think super storm sandy pushed some sales the last weekend of october into november. morningstar auto analyst richard hilgert agrees sandy helped, but the storm wasn't the primary reason november was such a strong month. >> we've got a lot of pent up demand still out there-- pent up demand coming from, especially from the average age of the vehicles being over elev
. >> susie: american automakers got a bump up in sales in november, thanks to super storm sandy. consumers postponed purchases when the hurricane hit in october, and resumed buying last month. but as diane eastabrook reports, the looming fiscal cliff could cause that sales momentum to lose traction. >> reporter: november turned out to be a good month for the big three and a great month for their foreign competitors. g.m. and ford both saw a modest uptick in vehicle sales last...
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Dec 2, 2012
12/12
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CNNW
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eye 124
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american infrastructure was in poor shape even before sandy hit. the american society of civil engineers gives u.s. infrastructure a grade of d. guess what? energy infrastructure did a bit better. it got a d-plus. the u.s. is spending money on the electrical grids and power plants. $566 billion by 2020. but according to the american society of civil engineers, that falls short by more than $100 billion. so what would the u.s. get. for that $100 billion an extra $11 billion every year? let me tell you, the american society of civil engineers says if you spend the $11 billion this is a multiplier effect, you get an extra $55 billion in economic output. it would protect 461,000 jobs. it would generate $73 billion in disposable personal income and create in disposable personal income. michael grunwald is the author of the new deal, the hidden story of change in the obama era. in his book, he argues for increased investment in energy infrastructure. mike, welcome to the show. you say that the electrical grid is slowly actually improving. we have any of
american infrastructure was in poor shape even before sandy hit. the american society of civil engineers gives u.s. infrastructure a grade of d. guess what? energy infrastructure did a bit better. it got a d-plus. the u.s. is spending money on the electrical grids and power plants. $566 billion by 2020. but according to the american society of civil engineers, that falls short by more than $100 billion. so what would the u.s. get. for that $100 billion an extra $11 billion every year? let me...
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Dec 5, 2012
12/12
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CSPAN2
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obviously sandy falls in that as a catastrophic disaster. it will be in addition to existing disasters we are working. >> some of the temporary housing assistance be provided will soon be expiring. but there be opportunities for renewal? you've heard one of the things he wanted to do was have had to explain what they doing and will not be sufficient? we were in new york and also manhattan, which is a whole unique venue for disaster in staten island, i guess long island, new jersey has very unique housing requirements and also higher costs. hud has committed to in the president says they will coordinate with your efforts. >> mr. chairman, the housing program were actually looking at three pretty substantial areas. the first was the temporary sheltering and that is where maybe the home was destroyed but they couldn't get back in. they had power outages or other damages. we would provide in cooperation state request on a car share basis short-term, namely hotels, motels measured in weeks and we are extending as the states requested. the traditi
obviously sandy falls in that as a catastrophic disaster. it will be in addition to existing disasters we are working. >> some of the temporary housing assistance be provided will soon be expiring. but there be opportunities for renewal? you've heard one of the things he wanted to do was have had to explain what they doing and will not be sufficient? we were in new york and also manhattan, which is a whole unique venue for disaster in staten island, i guess long island, new jersey has...
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Dec 9, 2012
12/12
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WMAR
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eye 92
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a lot has to do with post sandy. the supply is back up and the hope is that consumers will take the money and spend it shopping. >> that is the hope. and jobs number, better than expected. unemployment now to 7.7%. and bianna, people watching tonight, where are the jobs? >> that is the question. we did digging and not a surprise. retail up, $53,000 up in, and professional, hospitality and restaurants. and will it continue? they are not so sure given what is going on in washington. >> bianna, thank you. >>> in the nfl today, they were mourning their tragic loss. the dallas cowboys bowing their heads in a moment of silence to remember their teammate jerry brown who died in a car accident. another teammate, josh brent, was driving. he is charged with driving drunk and manslaughter. today in court, he is unable to make bail. he issued a statement sayingly live with this horrific loss any day of my life >>> there is more ahead. a break through when it comes to make helping your memory. what it could mean in the fight agai
a lot has to do with post sandy. the supply is back up and the hope is that consumers will take the money and spend it shopping. >> that is the hope. and jobs number, better than expected. unemployment now to 7.7%. and bianna, people watching tonight, where are the jobs? >> that is the question. we did digging and not a surprise. retail up, $53,000 up in, and professional, hospitality and restaurants. and will it continue? they are not so sure given what is going on in washington....
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Dec 7, 2012
12/12
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WUSA
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. >>> superstorm sandy is widely thought to have slowed the u.s. job growth last month. the only question is how much. an answer is expected to emerge from the government's job report from november which is due out today. meanwhile new jersey's governor paid a visit to president obama yesterday asking for money to help his state rebuild. the storm destroyed 80% of this sea side heights community and left the famous boardwalk in pieces. governor chris christie says it will take $37 million to rebuild that area. the president is expected to ask congress for $50 billion but that will not cover the $83 billion that new york, new jersey and connecticut are already asking for now. >>> same-sex couples can now apply and receive marriage lrnses in maryland -- licenses in maryland. on the first day yesterday, just a few couples around the state actually went to clerks' offices to pick up listens. they have to wait -- licenses. they have to wait till 12:01 on new year's day. montgomery county's new licenses say party one and party two. prince george's county plans to issue one lic
. >>> superstorm sandy is widely thought to have slowed the u.s. job growth last month. the only question is how much. an answer is expected to emerge from the government's job report from november which is due out today. meanwhile new jersey's governor paid a visit to president obama yesterday asking for money to help his state rebuild. the storm destroyed 80% of this sea side heights community and left the famous boardwalk in pieces. governor chris christie says it will take $37...
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Dec 7, 2012
12/12
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CNBC
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eye 266
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you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look, i think
you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one...
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Dec 9, 2012
12/12
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KCSM
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sandy, the worst storm to ever hit the jersey shore, also leaving a huge financial dent. new jersey governor chris christie announcing the preliminary cost of the damage is a record-high $29.4 billion, a number expected to rise. new york governor andrew cuomo also planning to ask the federal government for at least $30 billion to help his state in its recovery. meanwhile, new york is getting $27 million in federal funds to hire more than 5,000 sandy cleanup workers. holiday shopping season is off to a record start -- 247 million shoppers visiting stores and websites over the four-day weekend starting on thanksgiving, spending totaling over $59 billion, with the average holiday shopper spending $423. but if you're in the market for a partridge in a pear tree or seven swans a-swimming, you better start saving. this year's "twelve days of christmas" gift list will cost you over $100,000. for "teen kids news," i'm lauren green, "fox news channel in the classroom." >> we're going to take you back to early 1940s. world war ii was raging. here at home, the u.s. government put in
sandy, the worst storm to ever hit the jersey shore, also leaving a huge financial dent. new jersey governor chris christie announcing the preliminary cost of the damage is a record-high $29.4 billion, a number expected to rise. new york governor andrew cuomo also planning to ask the federal government for at least $30 billion to help his state in its recovery. meanwhile, new york is getting $27 million in federal funds to hire more than 5,000 sandy cleanup workers. holiday shopping season is...
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Dec 7, 2012
12/12
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CNNW
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why is that not considered sandy related? >> it is weird because there are two different surveys when you look at these jobs numbers. one comes from the businesses. the businesses, they take that survey, november 12th, and the businesses are for the job creation number. the other survey is called a household survey. that's how we determine the unemployment rate. and part of that household survey is did you look for a job last week, yes, no, and why not? so a lot of people said weather related. when i was digging into the numbers, i said a normal november, weather related, about 60,000, here we had 300,000, that's one of the reasons we saw the unemployment rate go down. look, i want to feel good about the unemployment rate being low, but 7.7% happened because fewer people were part of the labor force. that's not the right reason that we wanted to see the jobless rate go down. >> absolutely. and i want to read you something that paul krugman wrote in the new york times earlier this week. he said, long-term unemployment remains
why is that not considered sandy related? >> it is weird because there are two different surveys when you look at these jobs numbers. one comes from the businesses. the businesses, they take that survey, november 12th, and the businesses are for the job creation number. the other survey is called a household survey. that's how we determine the unemployment rate. and part of that household survey is did you look for a job last week, yes, no, and why not? so a lot of people said weather...
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Dec 7, 2012
12/12
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CNBC
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eye 279
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now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation rate, down 0.2 to 63.6%. how did we get to 7.7% unemployment? basically the number of unemployed persons dropped more than the number of employed and there were downward trends in both those categories. lots to chew on. back to you guys. >> hampton, thank you. we are kind of scratching our heads. let's get more reaction from our panel. mark zandi and jared bernstein are here with us. mark, what do you make of this number? we've set this up as numbers were not going to be things we watched closely because of sandy. >> i'd say two things
now, again, back to hurricane sandy. from the commissioner's statement, the storm we saw happen on october 29th, the next pay period ended on november 12th. the way bls essentially keeps score it says workers have to be off work for the entire pay period to be counted on the negative side. on the household survey side, persons who missed work for weather-related events are counted as employed whether or not they are paid for the time off. we did have a drop in the labor force participation...
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the labor department says no affect on sandy. there was some data that pointed to the fact that people were leaving the workforce because of sandy. >> the numbers speak for themselves. i do not think the full effects can be known until maybe a couple of weeks. there certainly are people that cannot go to work and have been laid off because businesses are out. there are all sorts of new jobs that have sprung up. i may head down there and start looking for a job myself. cheryl: construction, there was a loss of 20,000. most of us expected a little bit of a game and that ector. >> maybe it will take a little bit longer to give up. my brother is still out of his house. they cannot get anyone to do work on it yet. cheryl: let's go over to the cme. i know that metals has been a big focus for a lot of traders today. what are you watching? >> just the price action in gold. it really gives the feedback. people, you know, maybe a risk on trade. it jumps back to the 17th 04 daily highs. that makes me believe i want to belong before the meet
the labor department says no affect on sandy. there was some data that pointed to the fact that people were leaving the workforce because of sandy. >> the numbers speak for themselves. i do not think the full effects can be known until maybe a couple of weeks. there certainly are people that cannot go to work and have been laid off because businesses are out. there are all sorts of new jobs that have sprung up. i may head down there and start looking for a job myself. cheryl:...
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Dec 6, 2012
12/12
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MSNBCW
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eye 113
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i've talked to some experts who say sandy, the sandy effect on the jobs is somewhere between 80 and 100,000 jobs in the month of november. so whatever it is you can blame sandy for what 80 to a hundred. add that to whatever the number is and it maybe should be what the number should have been. we are taking a deep dive into understanding the american electorate. it could spell a lot of trouble for republicans going forward. our fiscal cliff-mas gift today alan smith gets down gangnam style. what the senator is saying about the video that's gone viral watching the daily rundown only on msnbc. u see this? oh, let me guess -- more washington gridlock. no, it's worse -- look, our taxes are about to go up. not the taxes on our dividends though, right? that's a big part of our retirement. oh, no, it's dividends, too. the rate on our dividends would more than double. but we depend on our dividends to help pay our bills. we worked hard to save. well, the president and congress have got to work together to stop this dividend tax hike. before it's too late. ♪ ♪ [ male announcer ] everyone deserve
i've talked to some experts who say sandy, the sandy effect on the jobs is somewhere between 80 and 100,000 jobs in the month of november. so whatever it is you can blame sandy for what 80 to a hundred. add that to whatever the number is and it maybe should be what the number should have been. we are taking a deep dive into understanding the american electorate. it could spell a lot of trouble for republicans going forward. our fiscal cliff-mas gift today alan smith gets down gangnam style....
WHUT (Howard University Television)
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150
Dec 6, 2012
12/12
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WHUT
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eye 150
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and compare it to new york and new jersey alone after hurricane sandy asking for $60 billion, to deal with one storm. >> secretary clinton was on the front foot in copenhagen. she is the one that announced its $100 billion commitment from developed countries. we're here from the u.s. is, we put some money on the table to start things up but we cannot tell you when the rest of the money is coming and how much it will be. it is easy to say that it is all about the budget process, so let us remind ourselves, during the financial crisis, the money to save the banks was very quickly forthcoming. depending on who you ask it was either $700 billion or $12 trillion. that just shows when you have the political will, you could find the money. what we would like to see from the united states, he will let them to be a leader on that finance. it is not about giving a present to poor countries. it is insurance for people living in the united states, that we are going to help the world. we are about to get a change of the state department. this is a tremendous opportunity to reset climate policy. th
and compare it to new york and new jersey alone after hurricane sandy asking for $60 billion, to deal with one storm. >> secretary clinton was on the front foot in copenhagen. she is the one that announced its $100 billion commitment from developed countries. we're here from the u.s. is, we put some money on the table to start things up but we cannot tell you when the rest of the money is coming and how much it will be. it is easy to say that it is all about the budget process, so let us...
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Dec 8, 2012
12/12
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FOXNEWSW
tv
eye 255
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finding space for the thousands of volunteers who stepped up in the aftermath of superstorm sandy has proven to be a tall order. that's where this ship comes in, the ss wright. it is now home away from home for a couple hundred volunteers from the american red cross and fema core. they are staying together and eating together and playing games and watching sports together, yet it is in patriotic living quarters. and they are manning the 27 disaster recovery centers set up in the tri-state area. many are young and even just right out of high school. it is an interesting dynamic as many of the red cross volunteers are older. retired health care workers. it can be trying. being around storm victims and devastation at times is emotionally exhausting. >> the hardest part for me that i am not able to give them immediate assistance. you have to sign up at first. you have to wait. you have to go through the process. you have to get evaluated and awful that stuff. it is different from the red cross where if you need a lunch they give uh lunch. >> and the living quarters are less than luxurious
finding space for the thousands of volunteers who stepped up in the aftermath of superstorm sandy has proven to be a tall order. that's where this ship comes in, the ss wright. it is now home away from home for a couple hundred volunteers from the american red cross and fema core. they are staying together and eating together and playing games and watching sports together, yet it is in patriotic living quarters. and they are manning the 27 disaster recovery centers set up in the tri-state area....
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Dec 6, 2012
12/12
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i thought you were talking about sandy right now. >> [inaudible] >> i do not know that. i had a meeting with governor cuomo and i met with mayor bloomberg. they showed me the documentation of the challenges they're facing in their communities. they know that i am committed to the social compact the but we have to be there for people in times of natural disaster. one of the first things i -- that happen to me was the earthquake. if you ever want to feel helpless, but to people who have just been a victim of a natural disaster and help them feel positive about what the prospects are. i will be happy to work with the matter. -- whomever. it is in the public domain, but in terms of their communities and the impact on their communities. we'll be working with their colleagues in a bipartisan way to address those needs. it will be part of the package that will include not going over the fiscal cliff. i did talk to the president about these matters. >> [inaudible] can you give us a concrete sense of for this negotiation stand right now? what is really going on? >> maybe they are
i thought you were talking about sandy right now. >> [inaudible] >> i do not know that. i had a meeting with governor cuomo and i met with mayor bloomberg. they showed me the documentation of the challenges they're facing in their communities. they know that i am committed to the social compact the but we have to be there for people in times of natural disaster. one of the first things i -- that happen to me was the earthquake. if you ever want to feel helpless, but to people who...
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Dec 3, 2012
12/12
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start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm needs that upswing in trucks lig right now. >> how does this get counted as sales? customers may not have the cars yet but dealers are ordering the cars to try an make up for lost inventory. is that correct? >> basically, yeah. the minute the car or truck gets put on the haul-away, whether a rail head or a truck, that's when it transfers to the dealer. when you get down to it, the car companies don't sell cars to customers. their customer is the dealer and the dealer resells them. when you see sales you aren't seeing registrations. as a res
start first with the impact of sandy. is there one specific automaker that you think will benefit more from the impact of sandy as dealers have to reorder new cars? >> historically, actually trucks do better. they do better because you've got dealers taking care of inventory and you also have people going out that are in the business of basically doing work with trucks and they'll use this as an excuse to get it. you're looking probably at ford and gm on the truck side taking a lot. gm...
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Dec 10, 2012
12/12
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FBC
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look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million dollars short of the revenue it expected to bring in, because when you raise taxes, some people leave. check the big board. same old same old same old. the dow is flat, up just 23 points in the early going this monday morning. here is our company: sandra smith is with us. the conservative commentator is with us. and nicole petallides is there on the floor of the new york stock exchange. here we go, new at 10:00, the latest climate change rant from former vice president al gore. he blames pollution for causing climate change, which h
look no further than superstorm sandy. gore calling on the president and congress to act and act now. that may mean a carbon tax? however, listen to this, a study from colorado state university says the exact opposite. that sandy was not caused by climate change. we will talk about all that in a moment. plus, you want proof that raising taxes does not work, that it doesn't bring in more money? well, in california, where they just voted to raise taxes big-time, the state is more than 800 million...
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Dec 5, 2012
12/12
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FOXNEWSW
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superstorm sandy swept away their homes. now they are demanding action to protect against this kind of damage in the feature. [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've gotine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. megyn: as thousands in new york and new jersey struggle to rebuild their lives. residents in one hard-hit community want the government t
superstorm sandy swept away their homes. now they are demanding action to protect against this kind of damage in the feature. [ male announcer ] where do you turn for legal matters? maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. hi,...
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Dec 7, 2012
12/12
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MSNBCW
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well, they are better than we thought they would be because it doesn't have any impact of hurricane sandy. there wasn't a big displacement of people looking for work. now, let's get a couple of things down here, though, to start with. there are still 12 million unemployed americans. the unemployment rate fell for reasons that we don't like very much. people leaving the labor force. this is a better report than we expected it to be but still not a great report. >> now the question is, what goes on with the fiscal cliff? could the number get any better? >> i think that is the hope on wall street and republicans that have been talk ug for years and of the business community and to start spending down their profits and there might be a better sort of ofavalanche, if u will. the question is, what does that deal have to look like to unleash those hopes? it probably has to be something permanent and not a punt. >> the republicans talked about two things, though. one, as you say, is about certainty and they say that businesses need that certainty to start hiring but they've also warned that if ta
well, they are better than we thought they would be because it doesn't have any impact of hurricane sandy. there wasn't a big displacement of people looking for work. now, let's get a couple of things down here, though, to start with. there are still 12 million unemployed americans. the unemployment rate fell for reasons that we don't like very much. people leaving the labor force. this is a better report than we expected it to be but still not a great report. >> now the question is, what...
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Dec 4, 2012
12/12
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we need to learn that lesson for sandy. we need to learn the lesson more broadly and see how we can reasonably expedite import in action an ongoing basis and i look forward to working with all my colleagues on that. >> senator, as you know we have this new section of our bill but as to what exactly got them were working with yourself because you're right, we cannot have a halt to fixing our problems when there's 10 different laws they have to comply with. we need to streamline that appeared gear from senator carper for 10 minutes, senator lautenberg says he is here for 10 minutes from senator cardin for 10 minutes, senator white house or 10 minutes, senator gillibrand for 10 minutes. our committee clearly had so many members had felt the impact of the storm. so let's start with you, senator carper. >> bottomed chair, thank you do you and colleagues and to members of our staff for holding this hearing this morning and for giving us an opportunity to share with all of you some of what we've been through. massive impacts of hu
we need to learn that lesson for sandy. we need to learn the lesson more broadly and see how we can reasonably expedite import in action an ongoing basis and i look forward to working with all my colleagues on that. >> senator, as you know we have this new section of our bill but as to what exactly got them were working with yourself because you're right, we cannot have a halt to fixing our problems when there's 10 different laws they have to comply with. we need to streamline that...
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Dec 9, 2012
12/12
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CSPAN
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here we are with sandy. thank you very much for all that you are doing. we encourage you to use the fema funds provided as intended and as spelled out in the legislation. there's always the opportunity for supplementals. if you find there is something we have left out that need ashamed to don't be bring it before our attention. we appreciate you coming before us as we go forward trying to help the people recover from these terrible events. >> thank you for raising the issue of marine debris. that will be a huge issue for the northeast as it was on the gulf coast and those rules and regulations are all tied up in knots. let's use that opportunity to get that straight because there will be a lot of debris in the marshes, rivers, wetlands all along the east coast and it's not necessary for people to suffer the way that we did in trying to get to that debris because so many jurisdictions, etc. i want the staff to make a note of that to make sure we address that. senator mikulski. >> thank you, madam chair. >> if your not careful coming will have a mikulski an
here we are with sandy. thank you very much for all that you are doing. we encourage you to use the fema funds provided as intended and as spelled out in the legislation. there's always the opportunity for supplementals. if you find there is something we have left out that need ashamed to don't be bring it before our attention. we appreciate you coming before us as we go forward trying to help the people recover from these terrible events. >> thank you for raising the issue of marine...
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Dec 3, 2012
12/12
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CNBC
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how much of this demand rise are we going to see will be sandy rebound from sandy and actually real demand? >> we have low interest rates and old cars on the road. so a lot of the demand is real demand. but the other thing is that all the checks haven't been written for sandy. we've had about two weeks of checks coming from insurance companies. but there will be more probably next month of that than there is this month. so it will help. but it's the general market conditions and cars that are on average 11.1 years of age that are really driving car sales. in this low interest rate environment, this is the other big ticket item. >> how are people going to fund their purchases? you have an 11-year-old car, how are they funding the replacement of it? >> well, the availability of credit has improved dramatically over the last eight months or so. and we're even seeing people with bumps in their credit history, subprime borrowers, getting more acceptances of their car loans. and of course there are a lot of incentivized interest rates from the manufacturer's financing arms out there, as well. th
how much of this demand rise are we going to see will be sandy rebound from sandy and actually real demand? >> we have low interest rates and old cars on the road. so a lot of the demand is real demand. but the other thing is that all the checks haven't been written for sandy. we've had about two weeks of checks coming from insurance companies. but there will be more probably next month of that than there is this month. so it will help. but it's the general market conditions and cars that...
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Dec 5, 2012
12/12
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before sandy. where are we internationally? europe. what are some of the other key area, though? i think latin america, though. i think it's coming back. asia already turned. here's the new piece of data. i think europe could be stablized. ford is the one to watch. you get that thing at 11 or blow. i'm out blessing it. haven't done that in a while. in europe i'm thinking that i'm sanguine. excited about ford. we have ample evidence today that i'm right. affordability is skyrocketing. the rates remained too low. homes down sharply. and pricing is moving up in california, nevada, arizona all things we learned from the luxury home builder toll today. oh, that's fine. they leave out the most important fact that i hadn't heard from anybody, let alone toll brothers before. demographic play, how the company's chairman talked how demographics are going to take over. household formation is unnatural but because of the great recession. now at least it's picking up. there should are several new home buyers out there because of pent-up demand. well, from the delay of creation of new families
before sandy. where are we internationally? europe. what are some of the other key area, though? i think latin america, though. i think it's coming back. asia already turned. here's the new piece of data. i think europe could be stablized. ford is the one to watch. you get that thing at 11 or blow. i'm out blessing it. haven't done that in a while. in europe i'm thinking that i'm sanguine. excited about ford. we have ample evidence today that i'm right. affordability is skyrocketing. the rates...
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Dec 7, 2012
12/12
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it turns out that sandy did have an impact, but not on the headline numbers. >> if you look deeper in the report, you do see that over a million workers who normally work full time were reduced to part-time hours during the reference week because of bad weather, and over 300,000 additional workers weren't able to work at all because of bad weather. >> reporter: and because of the way the labor department calculates or figures out and decides -- defines who is working part time, full time or working at all and when, sandy's impact did not show up in the overall numbers. but one thing did. as you mentioned, 350,000 people left the work force, about the same number stayed in, and that is what put downward pressure on the unemployment rate taking it down to 7.7. heather? heather: peter barnes reporting live from the white house, thank you. so what can the federal government do to kick start the economy and get more americans back to work in the new year? that's what we need. well, economists and former speech writer to former prime ministers nixon and ford -- presidents nixon and ford, be
it turns out that sandy did have an impact, but not on the headline numbers. >> if you look deeper in the report, you do see that over a million workers who normally work full time were reduced to part-time hours during the reference week because of bad weather, and over 300,000 additional workers weren't able to work at all because of bad weather. >> reporter: and because of the way the labor department calculates or figures out and decides -- defines who is working part time, full...
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economists are predicting that fewer over 200,000 jobs were created last month, in part because of sandy. they feel the unemployment rate will remain at 7.9%. they're also concerned that the fiscal cliff is keeping jobs from hiring. vice president joe biden will have lunch with a group of middle class americans. their taxes could sky rocket if congress and president obama don't reach an agreement on a budget by the end of the year. the white house has highlighted several middle class families' struggles in making the case for a deal. >>> in syria tensioned at a boiling point between rebels and the government. syrian rebels have declared damascus international airport a military target, warning civilians and airlines not to approach it. this comes as reports of the government preparing to use chemical weapons on the civilians there. since march of 2011, 40,000 people have been killed in the country's civil war. >>> a u.s. capitol police officer is in the hospital this morning after being hit by a car. this happened around 8:30 last night around massachusetts avenue in northeast washington
economists are predicting that fewer over 200,000 jobs were created last month, in part because of sandy. they feel the unemployment rate will remain at 7.9%. they're also concerned that the fiscal cliff is keeping jobs from hiring. vice president joe biden will have lunch with a group of middle class americans. their taxes could sky rocket if congress and president obama don't reach an agreement on a budget by the end of the year. the white house has highlighted several middle class families'...
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hurricane sandy's impact continues to slowly but surely subside. we had weekly jobless claims dropping by 25,000 last week to a seasonally-adjusted 370,000. the week's prior total was revised upward to 395,000 from 393,000. and treasury prices rising today, pushing yields back down to their lowest level in more than two weeks. look at this pathetic yield on the ten-year note. it fell two basis points to 1.57%. you're not getting a lot of return there. david: which is why some people are putting their money in stocks. we have all this covered. we have til mulholland in the pits of the cme. we have a street fight. jeff believes there will be a fiscal cliff resolution. david wright, on the other hand, thinks d.c. will avoid the cliff, but it will not stop the bears from coming around this time. let's start with tim at the cme. and, tim, we were talking about what a low yield you get now on treasuries. people are looking for some kind of yield, and the only place you're finding it is in the stock market. >> yeah, that's true. you also get the corporate
hurricane sandy's impact continues to slowly but surely subside. we had weekly jobless claims dropping by 25,000 last week to a seasonally-adjusted 370,000. the week's prior total was revised upward to 395,000 from 393,000. and treasury prices rising today, pushing yields back down to their lowest level in more than two weeks. look at this pathetic yield on the ten-year note. it fell two basis points to 1.57%. you're not getting a lot of return there. david: which is why some people are putting...
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industry-wide because of sandy. toyota said they they 400,000 cars were damaged in sandy, a boost to gm and ford. look at the stock there. ford stock not harmed by news of another recall for them. that recall's interesting because they don't have a great fix for that, but, you know, didn't hurt the stock. sales, obviously, still pretty good, really bringing it to toyota on those electric and those hybrid sales. good for u.s. auto makers as well. there's the headlines. auto industry. >> jeff from chicago. >> literally up to speed. >> ha-ha, very good. >> thank you, couldn't resist. >> well -- >> ups and amazon have jobs in the shipment facilities, but there's not a way to fill them. tell you why. >> all right. the idea that the president should negotiate the debt deal with congress on c-span, they should televise the whole thing. realistic or something we would ever want to watch? neil cavuto, we'll see what he thinks of it. heath coming up live in studio, but, first, markets here on "markets now," and here's the win
industry-wide because of sandy. toyota said they they 400,000 cars were damaged in sandy, a boost to gm and ford. look at the stock there. ford stock not harmed by news of another recall for them. that recall's interesting because they don't have a great fix for that, but, you know, didn't hurt the stock. sales, obviously, still pretty good, really bringing it to toyota on those electric and those hybrid sales. good for u.s. auto makers as well. there's the headlines. auto industry. >>...
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Dec 5, 2012
12/12
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the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total now. it's a cash and stock deal. .6531 shares and 39 bucks a share in cash. that adds up to $50 a share. that's a fairly significant premium when we look at
the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal....
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Dec 7, 2012
12/12
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CSPAN
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so over a month ago hurricane sandy brought our system to its knees. we experienced a level of destruction that is unprecedented in our 108-year history. there were eight flooded tunnels, 12 subway stations with major damage, some of them destroyed. we lost an entire bridge and a rare line serving a rock line in queens. and we have rail yards and maintenance shops underwater and damaged. just as the superstorm was unprecedented so was the level of our preparation. we shut down the entire system just for the second time in our 108-year history. as it turned out, even our preparation, would not actually, could not protected our entire system from the full-force of sandy's rather. what we saw was truly unbelievable. we watched more than 86 million gallons flood and rush into the two tubes. once sandy passed our top priority was to restore service as quickly and safely as possible. i could not be more proud of the workers and the labor and management who worked so well. we had buses up and running seven hours after the storm, nine hours after that we were
so over a month ago hurricane sandy brought our system to its knees. we experienced a level of destruction that is unprecedented in our 108-year history. there were eight flooded tunnels, 12 subway stations with major damage, some of them destroyed. we lost an entire bridge and a rare line serving a rock line in queens. and we have rail yards and maintenance shops underwater and damaged. just as the superstorm was unprecedented so was the level of our preparation. we shut down the entire system...
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employers added 146,000 jobs last month, defying the predictions and the disruption of hurricane sandy. the unemployment rate fell to 7.7%, that's the lowest level in four years. but tonight, 12 million americans are still unemployed. and the new jobs number, the fiscal cliff, all of it will be on the table when george stephanopoulos sits down with a turbocharged powerhouse round table. james carville, mary matalin and nobel prize-winning economist paul krugman, on sunday for "this week." >>> and now, we go overseas to syria, where people are fleeing amid fears that the assad regime will unleash chemical weapons. the region around the capital, damascus, now a battle zone. 2 million syrians now on the run, many of them children. and it is extremely difficult for journalists to enter that country and cover the chaos. but abc's alex marquardt pushed across the border tonight and he is there. alex? >> reporter: we've spent the day among the thousands of refugees living here, and the conditions are miserable. rain has turned the roads to rivers of mud, there's no power or gas for heat, and
employers added 146,000 jobs last month, defying the predictions and the disruption of hurricane sandy. the unemployment rate fell to 7.7%, that's the lowest level in four years. but tonight, 12 million americans are still unemployed. and the new jobs number, the fiscal cliff, all of it will be on the table when george stephanopoulos sits down with a turbocharged powerhouse round table. james carville, mary matalin and nobel prize-winning economist paul krugman, on sunday for "this...
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Dec 10, 2012
12/12
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FBC
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the jerseys can industry suffered the biggest drop thanks to superstar sandy. atlantic city's casino revenue slipped nearly 28%. each of the city's 12 casinos reported declines with for down for a month. we continue our "countdown to the closing bell" with liz claman. liz: the fiscal cliff talk is everywhere, always good to be hearing about lately, but is there really something else that can be bubbling under the surface that could send the market into a tailspin that we should be talking about now? join me in a fox business exclusive, 2003 nobel laureate in economics and nyse will institute director. he has a whole institute for volatility. spotting risk. we thought let's bring you in and talk about noo the fiscal cliff of the three hidden risks people should be talking about but aren't. how did you identify them? >> there are lots of things people worry about, but which of the really big ones and what kind of a timefram time frame ae talking about? decade?out next week or next we talk about the big risk to have to look further in the future. liz: the next yea
the jerseys can industry suffered the biggest drop thanks to superstar sandy. atlantic city's casino revenue slipped nearly 28%. each of the city's 12 casinos reported declines with for down for a month. we continue our "countdown to the closing bell" with liz claman. liz: the fiscal cliff talk is everywhere, always good to be hearing about lately, but is there really something else that can be bubbling under the surface that could send the market into a tailspin that we should be...
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figure out what affect sandy had on this thing. we're still looking at growth in the 150,000 jobs a month range. do you see something stronger coming or are we stuck in the slow and steady crawl for a while? >> i think it should get stronger at some point over the next couple of years. if it doesn't, we're just going to stay up at this rate forever unless people just drop out of the labor force, but as christine said, you kind of want to get up to 200,000, even 2 250,000, to dig your way out of this. so i do think it will gradually get better. it's still going to take several years to get back to normal, but barring shooting ourselves in the foot, barring something really bad happening out of europe, i think it will get better between now and sometime next year. >> can we talk about these people dropping out of the labor force? why? you said more than normal couldn't get to work. but why are wepeople dropping o? what are some of the factors causing them to drop out? >> well, we're seeing a couple of things happen. one is the natura
figure out what affect sandy had on this thing. we're still looking at growth in the 150,000 jobs a month range. do you see something stronger coming or are we stuck in the slow and steady crawl for a while? >> i think it should get stronger at some point over the next couple of years. if it doesn't, we're just going to stay up at this rate forever unless people just drop out of the labor force, but as christine said, you kind of want to get up to 200,000, even 2 250,000, to dig your way...
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Dec 3, 2012
12/12
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CNBC
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how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's where you have to look, to see what the trend was beforehand. >> okay. now europe. you know, there was a little bit of a -- a confusion this morning when spain asked for a bailout. they're talking bank bailout, country bailout, new program. rates are down. i've seen many stories, if this is really going to be a positive rates being down, we have to really draw in more global investors. do you think that will happen ultimately? >> ultimately, i do think it will. any time europe gets pushed to the background, i'm kind of pleased. as long as their banking system isn't going to affect ours, i think we can
how much is blamed on sandy when it shouldn't? >> everything blamed on sandy. that's going to work for a while. once you dig into the details, wait a minute, this isn't all sandy. because the east coast is a very big part of the -- >> obviously oh, yes. >> the economy. >> everybody who has gone through sandy. >> chicago is a big part, texas, california, they weren't affected directly by sandy. so that will come back much quicker if it's going to come back. that's...